Agriculture Equipment Insights, Size and Growth Forecast To 2027

Global Agricultural Equipment Market by Product (Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing, Spraying Equipment, Hay & Forage Equipment and Others (Seeding Equipment, Cutters, Shredders etc.)), By Engine Capacity(22 HP, 22.1 to 100 HP, 100 to 200 HP, 201 to 300 HP, 301 to 400 HP, Above 400 HP), By Crop(Grains, Oil Seeds, Fruit & Vegetables and Others), By Application(Post-harvest & Agro Processing, Land Development & Seed Bed Preparation, Plant Protection, Sowing & Planting, Harvesting & Threshing, Weed Cultivation and Others (Snow Removal Equipment & Material Handling Equipment etc.)), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Published: Dec-2020	Report ID: AGRI2003	Pages: 1 - 128	Formats^*:
Category : Agriculture

Global agricultural equipment market likely to driving due to growing population base across developing countries and rising government initiatives.

Global agricultural equipment market size valued at USD 132.64 billion in 2019 and expected to grow at a CAGR of over 7.12 % during the forecast period, 2020â€“2027. It is primarily attributed to increasing mechanization across the globe and the growing adoption of advanced technologies in the agriculture industry. Moreover, the surge in disposable income around the world and growing demand for processed foods, packaged foods, high energy foods, and meats are projected to propel the growth of the global agricultural equipment industry. Additionally, the huge adoption of modern technologies by farmers to raise farm yield and meet the increasing demand for food across the globe will impact the robust growth of the agricultural equipment market.

Furthermore, the high demand for agricultural products coupled with a surge in population in countries, particularly India and China, is anticipated to boost the agricultural equipment market share in future periods. Also, the technological advancements in the field of agricultural equipment by using technology like telematics and GPS are estimated to boom the agricultural equipment industry in the future periods. To improve the operating environment of agricultural machinery, actively deepen land remediation and standard farmland construction, accelerate the construction of infrastructure such as farming roads and fields, and lay a solid foundation for the widespread application of agricultural mechanization.

Further, the exponential rise in population across the globe leads to facing the challenge of feeding a rapidly expanding worldwide population while preserving the environment & global biodiversity and enhancing & protecting human health will demand agricultural equipment in the upcoming periods. Rapid technological advancements in the agriculture industry, such as agricultural robotics, including ground-based sensors, autonomous tractors, and flying drones, are expected to spur in the growth of the agricultural equipment industry in the next few years.

Product Type Overview in the global agricultural equipment market

Based on product, the global agricultural equipment market classified into Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing, Spraying Equipment, Hay & Forage Equipment, and Others (Seeding Equipment, Cutters, Shredders, etc. The tractors will be the fastest-growing segment in the forecast period. It is attributable to tractors used for ease of operation & transmission and ease of installing gardening & farming elements.

Engine Capacity Overview in the Global Agricultural equipment market

Based on engine capacity, the global agricultural equipment market segregated into 22 HP, 22.1 to 100 HP, 100 to 200 HP, 201 to 300 HP, 301 to 400 HP, and Above 400 HP. The 301 to 400 HP segment captured the highest revenue in 2019 due to the mid-size tractors used to facilitate the ease of work on rough terrains.

Crop Overview in the Global Agricultural equipment Market

Based on crop, the global agricultural equipment market classified into Grains, Oil Seeds, Fruit & Vegetables, and Others. The fruit & vegetable segment accounted for the highest market share in 2019 and projected to lead the market by 2027. It is due to the growing world population along with the scarcity of food & vegetable around the world will demand agriculture equipment for fast agriculture operation and better work efficiency.

Application Overview in the Global Agricultural equipment Market

Based on application, the global agricultural equipment market segregated into Post-harvest & Agro-Processing, Land Development & Seed Bed Preparation, Plant Protection, Sowing & Planting, Harvesting & Threshing, Weed Cultivation and Others (Snow Removal Equipment & Material Handling Equipment, etc.). The Land Development & Seed Bed Preparation segment generated the largest revenue in 2019, on account of the surge in demand for agriculture equipment in land development, plant protection, harvesting, and sowing and planting.

Regional Overview in the global agricultural equipment market

By geography, the global agricultural equipment market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific accounted for maximum revenue share in 2019, owing to the rise in population in this region, along with the adoption of equipment in the agricultural sector to boost productivity, enhance product quality, and improve the supply chain to feed the huge population.

Global Agricultural equipment Market: Competitive Landscape

Companies such as

AGCO Corporation
Alamo Group Incorporated
Amazonen-Werke H. Dreyer GmbH & Company KG
ARGO SpA
Bucher Industries AG
Changzhou Dongfeng Agricultural Machinery Group Company Limited
China National Machinery Industry Corporation
CLAAS KGaA mbH
CNH Industrial NV
Deere & Company
Escorts Ltd.
Iseki & Co. Ltd.
J C Bamford Excavators Ltd. (JCB), Kubota Corporation
Mahindra & Mahindra Limited
Same Deutz-Fahr Group S.p.A. (SDF)
Valmont Industries. Inc.
Yanmar Co. Ltd.
Zetor Tractors A.S.

are the key players in the global agricultural equipment market.

1. Research Strategic Development

1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation

2. Research Methodology

2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation

3. Executive Summary

4. Market Insights

4.1. Supply Chain Analysis
4.2. Economic Factor Analysis

4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges

4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porterâ€™s Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis

5. Global Agriculture Machinery/Equipment Market Overview

5.1. Market Size & Forecast (2016-2027)

5.1.1. Demand
5.1.1.1. By Value (USD Million)

5.1.2. Consumption

5.1.2.1. By Volume (Million Units)

5.1.3. Supply/Production
5.1.3.1. By Volume (Million Units)

5.2. Market Share & Forecast, 2016-2027

5.2.1. By Product
5.2.1.1. Tractors
5.2.1.2. Harvesters
5.2.1.3. Planting Equipment
5.2.1.4. Irrigation & Crop Processing
5.2.1.5. Spraying Equipment
5.2.1.6. Hay & Forage Equipment
5.2.1.7. Others (Seeding Equipment, Cutters, Shredders etc.)
5.2.2. By Application
5.2.2.1. Post-harvest & Agro Processing
5.2.2.2. Land Development & Seed Bed Preparation
5.2.2.3. Plant Protection
5.2.2.4. Sowing & Planting
5.2.2.5. Harvesting & Threshing
5.2.2.6. Weed Cultivation
5.2.2.7. Others (Snow Removal Equipment & Material Handling Equipment etc.)
5.2.3. By Energy Capacity
5.2.3.1. <22 HP
5.2.3.2. 22.1 to 100 HP
5.2.3.3. 100 to 200 HP
5.2.3.4. 201 to 300 HP
5.2.3.5. 301 to 400 HP
5.2.3.6. Above 400 HP
5.2.4. By Crop
5.2.4.1. Grains
5.2.4.2. Oil Seeds
5.2.4.3. Fruit & Vegetables
5.2.4.4. Others
5.2.5. By Region
5.2.5.1. North America
5.2.5.2. Europe
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa

6. North America Agriculture Machinery/Equipment Market Overview

6.1. North America Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (Million Units)
6.1.3. Supply/Production
6.1.3.1. By Volume (Million Units)

6.2. North America Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

6.2.1. By Product
6.2.1.1. Tractors
6.2.1.2. Harvesters
6.2.1.3. Planting Equipment
6.2.1.4. Irrigation & Crop Processing
6.2.1.5. Spraying Equipment
6.2.1.6. Hay & Forage Equipment
6.2.1.7. Others (Seeding Equipment, Cutters, Shredders etc.)
6.2.2. By Application
6.2.2.1. Post-harvest & Agro Processing
6.2.2.2. Land Development & Seed Bed Preparation
6.2.2.3. Plant Protection
6.2.2.4. Sowing & Planting
6.2.2.5. Harvesting & Threshing
6.2.2.6. Weed Cultivation
6.2.2.7. Others (Snow Removal Equipment & Material Handling Equipment etc.)
6.2.3. By Energy Capacity
6.2.3.1. <22 HP
6.2.3.2. 22.1 to 100 HP
6.2.3.3. 100 to 200 HP
6.2.3.4. 201 to 300 HP
6.2.3.5. 301 to 400 HP
6.2.3.6. Above 400 HP
6.2.4. By Crop
6.2.4.1. Grains
6.2.4.2. Oil Seeds
6.2.4.3. Fruit & Vegetables
6.2.4.4. Others
6.2.5. By Country
6.2.5.1. United States
6.2.5.2. Canada
6.2.5.3. Mexico
6.2.6. By Price Point Analysis
6.2.7. Company Market Share (Top 3-5)
6.2.8. Manufacturer & Distributor List (Top 5)
6.2.9. Export & Import Analysis
6.2.10. Economic Impact Study on North America Agriculture Machinery/Equipment Market

7. Europe Agriculture Machinery/Equipment Market Overview

7.1. Europe Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (Million Units)
7.1.3. Supply/Production
7.1.3.1. By Volume (Million Units)

7.2. Europe Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

7.2.1. By Product
7.2.1.1. Tractors
7.2.1.2. Harvesters
7.2.1.3. Planting Equipment
7.2.1.4. Irrigation & Crop Processing
7.2.1.5. Spraying Equipment
7.2.1.6. Hay & Forage Equipment
7.2.1.7. Others (Seeding Equipment, Cutters, Shredders etc.)
7.2.2. By Application
7.2.2.1. Post-harvest & Agro Processing
7.2.2.2. Land Development & Seed Bed Preparation
7.2.2.3. Plant Protection
7.2.2.4. Sowing & Planting
7.2.2.5. Harvesting & Threshing
7.2.2.6. Weed Cultivation
7.2.2.7. Others (Snow Removal Equipment & Material Handling Equipment etc.)
7.2.3. By Energy Capacity
7.2.3.1. <22 HP
7.2.3.2. 22.1 to 100 HP
7.2.3.3. 100 to 200 HP
7.2.3.4. 201 to 300 HP
7.2.3.5. 301 to 400 HP
7.2.3.6. Above 400 HP
7.2.4. By Crop
7.2.4.1. Grains
7.2.4.2. Oil Seeds
7.2.4.3. Fruit & Vegetables
7.2.4.4. Others
7.2.5. By Country
7.2.5.1. Germany
7.2.5.2. United Kingdom
7.2.5.3. Italy
7.2.5.4. France
7.2.5.5. Rest of Europe
7.2.6. By Price Point Analysis
7.2.7. Company Market Share (Top 3-5)
7.2.8. Manufacturer & Distributor List (Top 5)
7.2.9. Export & Import Analysis
7.2.10. Economic Impact Study on Europe Agriculture Machinery/Equipment Market

8. Asia Pacific Agriculture Machinery/Equipment Market Overview

8.1. Asia Pacific Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (Million Units)
8.1.3. Supply/Production
8.1.3.1. By Volume (Million Units)

8.2. Asia Pacific Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

8.2.1. By Product
8.2.1.1. Tractors
8.2.1.2. Harvesters
8.2.1.3. Planting Equipment
8.2.1.4. Irrigation & Crop Processing
8.2.1.5. Spraying Equipment
8.2.1.6. Hay & Forage Equipment
8.2.1.7. Others (Seeding Equipment, Cutters, Shredders etc.)
8.2.2. By Application
8.2.2.1. Post-harvest & Agro Processing
8.2.2.2. Land Development & Seed Bed Preparation
8.2.2.3. Plant Protection
8.2.2.4. Sowing & Planting
8.2.2.5. Harvesting & Threshing
8.2.2.6. Weed Cultivation
8.2.2.7. Others (Snow Removal Equipment & Material Handling Equipment etc.)
8.2.3. By Energy Capacity
8.2.3.1. <22 HP
8.2.3.2. 22.1 to 100 HP
8.2.3.3. 100 to 200 HP
8.2.3.4. 201 to 300 HP
8.2.3.5. 301 to 400 HP
8.2.3.6. Above 400 HP
8.2.4. By Crop
8.2.4.1. Grains
8.2.4.2. Oil Seeds
8.2.4.3. Fruit & Vegetables
8.2.4.4. Others
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.2.5.5. Rest of APAC
8.2.6. By Price Point Analysis
8.2.7. Company Market Share (Top 3-5)
8.2.8. Manufacturer & Distributor List (Top 5)
8.2.9. Export & Import Analysis
8.2.10. Economic Impact Study on Asia-Pacific Agriculture Machinery/Equipment Market

9. South America Agriculture Machinery/Equipment Market Overview

9.1. South America Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (Million Units)
9.1.3. Supply/Production
9.1.3.1. By Volume (Million Units)

9.2. South America Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

9.2.1. By Product
9.2.1.1. Tractors
9.2.1.2. Harvesters
9.2.1.3. Planting Equipment
9.2.1.4. Irrigation & Crop Processing
9.2.1.5. Spraying Equipment
9.2.1.6. Hay & Forage Equipment
9.2.1.7. Others (Seeding Equipment, Cutters, Shredders etc.)
9.2.2. By Application
9.2.2.1. Post-harvest & Agro Processing
9.2.2.2. Land Development & Seed Bed Preparation
9.2.2.3. Plant Protection
9.2.2.4. Sowing & Planting
9.2.2.5. Harvesting & Threshing
9.2.2.6. Weed Cultivation
9.2.2.7. Others (Snow Removal Equipment & Material Handling Equipment etc.)
9.2.3. By Energy Capacity
9.2.3.1. 22 HP
9.2.3.2. 22.1 to 100 HP
9.2.3.3. 100 to 200 HP
9.2.3.4. 201 to 300 HP
9.2.3.5. 301 to 400 HP
9.2.3.6. Above 400 HP
9.2.4. By Crop
9.2.4.1. Grains
9.2.4.2. Oil Seeds
9.2.4.3. Fruit & Vegetables
9.2.4.4. Others
9.2.5. By Country
9.2.5.1. Argentina
9.2.5.2. Brazil
9.2.5.3. Rest of South America
9.2.6. By Price Point Analysis
9.2.7. Company Market Share (Top 3-5)
9.2.8. Manufacturer & Distributor List (Top 5)
9.2.9. Export & Import Analysis
9.2.10. Economic Impact Study on Latin America Agriculture Machinery/Equipment Market

10. Middle East & Africa Agriculture Machinery/Equipment Market Overview

10.1. Middle East & Africa Agriculture Machinery/Equipment Market Size & Forecast. 2016-2027

10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (Million Units)
10.1.3. Supply/Production
10.1.3.1. By Volume (Million Units)

10.2. Middle East & Africa Agriculture Machinery/Equipment Market Size & Forecast, 2016-2027

10.2.1. By Product
10.2.1.1. Tractors
10.2.1.2. Harvesters
10.2.1.3. Planting Equipment
10.2.1.4. Irrigation & Crop Processing
10.2.1.5. Spraying Equipment
10.2.1.6. Hay & Forage Equipment
10.2.1.7. Others (Seeding Equipment, Cutters, Shredders etc.)
10.2.2. By Application
10.2.2.1. Post-harvest & Agro Processing
10.2.2.2. Land Development & Seed Bed Preparation
10.2.2.3. Plant Protection
10.2.2.4. Sowing & Planting
10.2.2.5. Harvesting & Threshing
10.2.2.6. Weed Cultivation
10.2.2.7. Others (Snow Removal Equipment & Material Handling Equipment etc.)
10.2.3. By Energy Capacity
10.2.3.1. 22 HP
10.2.3.2. 22.1 to 100 HP
10.2.3.3. 100 to 200 HP
10.2.3.4. 201 to 300 HP
10.2.3.5. 301 to 400 HP
10.2.3.6. Above 400 HP
10.2.4. By Crop
10.2.4.1. Grains
10.2.4.2. Oil Seeds
10.2.4.3. Fruit & Vegetables
10.2.4.4. Others
10.2.5. By Country
10.2.5.1. UAE
10.2.5.2. Saudi Arabia
10.2.5.3. South Africa
10.2.6. By Price Point Analysis
10.2.7. Company Market Share (Top 3-5)
10.2.8. Manufacturer & Distributor List (Top 5)
10.2.9. Export & Import Analysis
10.2.10. Economic Impact Study on Middle East and Africa Agriculture Machinery/Equipment Market

11. Competitor Analysis

11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile

11.7.1. AGCO
11.7.2. John Deere
11.7.3. CLAAS
11.7.4. Massey Ferguson
11.7.5. Argo Group
11.7.6. Mahindra and Mahindra
11.7.7. Hunter Industries
11.7.8. Toro Corp.
11.7.9. Jain Irrigation
11.7.10. Bucher Industries
11.7.11. CNH Industrial
11.7.12. Kvernerland Group
11.7.13. SDF Group
11.7.14. Kubota
11.7.15. Lindsay Corp.
11.7.16. Other Prominent Players

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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